The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Polus Global Fund
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Polus Global Fund (a Mauritius-based non-promoter FII) filed a disclosure because its holding in Rajvi Logitrade Ltd changed without any actual buying or selling. On 18 September 2025, Rajvi Logitrade allotted new equity shares to other shareholders, increasing the total share base from about 40.7 lakh shares to about 63.3 lakh shares. As a result, Polus Global Fund's stake dropped passively from 24.38% to 15.70%, even though it still owns the same 993,325 shares. This is a dilution effect, not a real transaction, and required disclosure under SEBI takeover regulations.
There is no direct impact on share price or shareholder value from Polus's perspective, as it neither bought nor sold. The real takeaway is that Rajvi Logitrade raised fresh equity by allotting shares to other parties, expanding its capital base by roughly 55%.